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Jan 18, 2013
01/13
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KRCB
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the euro quoted at 120.4 to 1. the euro has gained ground against the yen and the dollar. analysts say that's due to worries over with the euro zone. let's see how this is affecting tokyo stocks. share prices surging across the board. nikkei at 10,828. a gain of over 2% from thursday's close. buying was prompted by more optimistic views about the u.s. economic recovery following strong housing data. let's look at other markets open in the asia pacific. over in australia the benchmark index is trading hie ining high. positive moves so far. tokyo is leading >> on japan clearly that sort of recently announced fiscal and monetary package is intended to create growth in the short term. we don't think that if not associated with a midterm solid anchoring that would actually indicate the determination to change the debt trajectory, reduce the deficit. >> lagarde gave her view on thursday. she supported a 2% inflation target which abe asked the bank of japan to set. she said it's a good idea if the central bank can maintain its independence. more business news next hour. here is a
the euro quoted at 120.4 to 1. the euro has gained ground against the yen and the dollar. analysts say that's due to worries over with the euro zone. let's see how this is affecting tokyo stocks. share prices surging across the board. nikkei at 10,828. a gain of over 2% from thursday's close. buying was prompted by more optimistic views about the u.s. economic recovery following strong housing data. let's look at other markets open in the asia pacific. over in australia the benchmark index is...
WHUT (Howard University Television)
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Jan 22, 2013
01/13
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WHUT
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euro/yen is looking at 118.55. >>> on to stocks, asian stocks mixed. nikkei down 0.4%. investors got a clearer picture of the boj's monetary policy. in terms of active trading at this time, european stocks looking to the downside right now. investors are cautious ahead of the release of bellwether u.s. corporate earnings on the day. london down a fraction. paris's cac 40 losing about 0.25% at this time. >>> shipment of flat screen televisions showed the steepest decline last month. they say 6.5 million units were shipped in 2012. that's down 67% from the year before. it was the second straight year-on-year decline. many japanese consumers bought flat screen tvs ahead of the switch over to digital broadcasting. sales have declined since then, leading to a drop if shipments. they say tv makers must develop new features or services to stimulate fresh demand. >>> that is going to wrap it up for biz tonight. let's check in now on the markets. >>> u.s. diplomats are trying to punish north korea for firing off a rocket last month. they presented a draft resolution to u.n. secu
euro/yen is looking at 118.55. >>> on to stocks, asian stocks mixed. nikkei down 0.4%. investors got a clearer picture of the boj's monetary policy. in terms of active trading at this time, european stocks looking to the downside right now. investors are cautious ahead of the release of bellwether u.s. corporate earnings on the day. london down a fraction. paris's cac 40 losing about 0.25% at this time. >>> shipment of flat screen televisions showed the steepest decline last...
WHUT (Howard University Television)
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Jan 18, 2013
01/13
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WHUT
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euro yen is changing hands at 119.96. the currency touched the 116 yen level at one stage during this week. the yen is facing selling pressures due to strong expectations that the bank of japan will ease credit further. >>> a japan based free phone and messaging service called line is spreading fast. company officials say the number of users topped 100 million on friday. pretty exciteed. the service via smartphones is provided by nhn a subsidiary of a south korean i.t. firm in japan. senior nh officials and employees got together at the company's headquarters on friday to celebrate the milestone. the service started in june of 2011. it took on lie 19 no, sir reach that 100 million mark. that's faster than facebook. nh officials say more than 40 million users are here in japan but the service is also very popular in south korea, taiwan and middle eastern countries. companies and public institutions are using the service for advertising and public relations. the japanese government uses it to send out the prime minister's m
euro yen is changing hands at 119.96. the currency touched the 116 yen level at one stage during this week. the yen is facing selling pressures due to strong expectations that the bank of japan will ease credit further. >>> a japan based free phone and messaging service called line is spreading fast. company officials say the number of users topped 100 million on friday. pretty exciteed. the service via smartphones is provided by nhn a subsidiary of a south korean i.t. firm in japan....
WHUT (Howard University Television)
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Jan 17, 2013
01/13
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WHUT
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dollar and euro gaping further ground against the yen. the dollar/yen at 89.29. euro/yen at 119.28. traders are stepping up yen selling after japan's prime minister reaffirmed his resolve to set an inflation target of 2%. >>> well, business leaders from japan, china and south korea gathered in seoul has the three nations are about to start negotiations for a free trade deal. the meeting on thursday was organized by a seoul based secretary yacht that enhanced cooperation. several government officials and business people attended. >> translator: closer business ties will have a positive impact on the three nations politics and diplomatic relations. >> translator: we hope the business people gathered here will become the cornerstone for goodwill among the three nations through their strong friendship. >> jan japan, china and south korea declared last november they will begin talks for a free trade agreement working level negotiations are expected to start in the first half of this year. this participants echoed the view and voiced the importance of private sector corporation for better
dollar and euro gaping further ground against the yen. the dollar/yen at 89.29. euro/yen at 119.28. traders are stepping up yen selling after japan's prime minister reaffirmed his resolve to set an inflation target of 2%. >>> well, business leaders from japan, china and south korea gathered in seoul has the three nations are about to start negotiations for a free trade deal. the meeting on thursday was organized by a seoul based secretary yacht that enhanced cooperation. several...
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Jan 23, 2013
01/13
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KCSM
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taking a look at the euro against the yen, that's quoted at 118.29-32. let's take a look at stocks now. tokyo share prices are lower. as the yen is gaining ground. the nikkei average trading at 10,651. that is a loss of a little over half a percent from tuesday's close. market sources say investors are selling many stocks but especially export-related issues, and that is due to the yen's strength as well as the fact that the b.o.j.'s measures were almost as anticipated. okay. in other asian markets we are seeing seoul regain that 2,000 level. it is up by 1/5 of a percent at the moment. taking a look at australia, the benchmark index is trading higher by a third of a percent at 4,794. >>> well, the japanese government plans to help the ship-building industry in the northeast region which was hit by the march 2011 disaster. the government plans to subsidize ship builders when they jointly build facilities such as dry docks. the subsidies will cover 2/3 of the cost. in the earthquake and ensuing tsunami 37 ship-yards along the pacific coast were severely da
taking a look at the euro against the yen, that's quoted at 118.29-32. let's take a look at stocks now. tokyo share prices are lower. as the yen is gaining ground. the nikkei average trading at 10,651. that is a loss of a little over half a percent from tuesday's close. market sources say investors are selling many stocks but especially export-related issues, and that is due to the yen's strength as well as the fact that the b.o.j.'s measures were almost as anticipated. okay. in other asian...
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Jan 28, 2013
01/13
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KCSMMHZ
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euro/yen, 122.44 to 49 as well there. the euro gaining against the yen as well. so that's going to be an interesting factor to see how that plays into today's markets as well. ai? >> what key data can we expect this week other than earnings reports? >> we're going to go through quite a few, but of course the perils due out on friday. also some manufacturing and housing data to two other key areas, which analysts will be looking at closely, the big drops numbers on friday. we'll see if we can retest that 11,000 level. ai, back to you. >> thanks a lot for that update, ramin. ramin mellegard from the tokyo stock exchange. ramin just mentioned jobs data, so let's see what's happening on the global scene this week. first on wednesday, the preliminary estimate for economic growth for september of 2012 will be released. they had released a q4 gdp from the first quarter. also the fomc will be opening up its meeting. as people around the world take measures to shore up their committees, they're looking to see what the fed will come up with next. the industrial output was
euro/yen, 122.44 to 49 as well there. the euro gaining against the yen as well. so that's going to be an interesting factor to see how that plays into today's markets as well. ai? >> what key data can we expect this week other than earnings reports? >> we're going to go through quite a few, but of course the perils due out on friday. also some manufacturing and housing data to two other key areas, which analysts will be looking at closely, the big drops numbers on friday. we'll see...
WHUT (Howard University Television)
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Jan 29, 2013
01/13
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euro/yen 104.7 to 50. >>> japanese workers may have a few more yen in their pockets if union leaders get their way. labor and business leaders are discussing a proposed wage hike. >> translator: a wage increase is a way to ending deflation. it's time for businesses to invest in human resources and not cut corners with workers earnings. >> koga asked for an increase of wages much 1%. he said raises based on seniority should continue. the leader of the business federation opposed the union's demand. he said labor leaders are ignoring the reality of today's business climate. >> translator: this year workers and managers need to share a sense of crisis. we need to have constructive discussion. it's critical for us to do so, to ensure businesses survive and grow. people need stable employment. >> he said the current economic situation leaves no room for raising wages across the board. he said struggling firms may be forced to postpone or even cut regular raises. >>> manufacturers have long been seen as leaders of japanese industry, but a new government survey suggests this is no longer th
euro/yen 104.7 to 50. >>> japanese workers may have a few more yen in their pockets if union leaders get their way. labor and business leaders are discussing a proposed wage hike. >> translator: a wage increase is a way to ending deflation. it's time for businesses to invest in human resources and not cut corners with workers earnings. >> koga asked for an increase of wages much 1%. he said raises based on seniority should continue. the leader of the business federation...